Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option
Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option

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Debt
Direct
Corporate Bond

NAV: ₹ 16.3 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 5K in mutual fund in the last three months

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
2%
3.4%
4.9%
6.5%
7.1%
Benchmark
0.4%
1.5%
2.5%
3.1%
5.3%
5.8%
About the Fund

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is a debt fund. This fund was started on  19 December, 2013. The fund is managed by Vivek Sharma, Kinjal Desai, Akshay Sharma. This fund is suitable to keep your money safe.

Key parameters

1) Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option has a NAV of 16.3261 as on 27-01-2023.

2) Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option has 1625 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.32 %.

Fund Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1625 Cr
Inception Date
Inception Date
19 December, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
137.38%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
89.6%
AA
10.4%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

61.3%

Government

28.9%

Cash Equivalent

9.8%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings47
Holdings
Weight%
Holdings Trend
1M Change
icon
7.38% Govt Stock 2027
6.52%
0%
icon
Summit Digitel Infrastructure Limited
5.07%
0%
icon
08.39 RJ UDAY 2025
4.84%
0%
icon
Bajaj Finance Limited
4.62%
0%
icon
LIC Housing Finance Limited
4.61%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 41.3 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 1.6K Cr
Nov'22
₹ 1.6K Cr
Oct'22
₹ 1.5K Cr

Fund Returns vs Benchmark

Dec'22
0.79%
0.75%
Nov'22
0.11%
-0.20%
Oct'22
0.75%
0.66%
Fund Return
Benchmark Return

Fund Manager

Vivek Sharma

Vivek Sharma

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option, since 1 February 2020
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option, since 25 May 2018
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.25% since inception which is more than its category average return of 5.31%
AUM size ₹1625 Cr

AUM size ₹1625 Cr

This fund has AUM of ₹1625 Cr which is less than its category average of ₹ 5009 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is 16.33 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.43%
3.43%
1 Year Returns
4.95%
4.95%
3 Years Returns
20.67%
6.46%
5 Years Returns
40.7%
7.07%
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0.32 as on December 2022
1625 Cr as on December 2022
Yield to Maturity is 7.81 as on December 2022. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 1.91 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.6
AA
10.4
Vivek Sharma,Kinjal Desai,Akshay Sharma are the fund managers of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option
The Exit load of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.